On December 29, the owner of American Spirit Arms; Joe Sirochman relayed this chilling news via Facebook:

All, My name is Joe Sirochman owner of American Spirit Arms and I wanted to share my recent experience with Bank of America .(which we have been doing business with for over 10 years) . Everyone is familiar with the latest increase in guns sales , dealers selling out of inventory , Manufacturers back logged for months , large revenue all generated in the last two weeks . American Spirit Arms is no exception to the overwhelming demand . What we have experienced is that our web site orders have jumped 500 % causing our web site E commerce processing larger Deposits to BANK OF AMERICA ..Well, this through up a huge RED Flag with Bank of America . So they decided to hold the deposits for further review , meaning that the orders/payments that were coming in through the web ,( being paid by the customer and that were shipped out by American Spirit Arms ),the BANK was keeping (UNDER REVIEW )..as you could imagine this made me furious

After countless hours on the phone with BANK OF AMERICA I finally got a Manager in the right department that told me the reason that the deposits were on hold for FURTHER REVIEW

HER EXACT WORDS WERE .. WE BELIEVE YOU SHOULD NOT BE SELLING GUNS and PARTS ON THE INTERNET 

Almost all banks lay in fear of an investigation over money-laundering. You’d look at an account that suddenly jumps up and is covering a large substantial amount of cash that it typically didn’t cover before....red flag. This might anger folks, but the reality is that money-laundering is a big mess in the US, and we made stupid laws to go against it.

It’s like this dude has never heard of BOA handing free accounts to illegal mexiclowns for the past 5 years. The board is comprised of obama ass-kissers who are pro-amnesty. And you can always search the forum archives with this bank and don’t be shocked at their shenanigans.

11
posted on 01/06/2013 12:34:01 AM PST
by max americana
(Make the world a better place by punching a liberal in the face)

Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.